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Main » 2015 » November » 12 » The dollar fell to statements Kjellén
The dollar fell to statements Kjellén

WASHINGTON (Reuters) - In the matter of raising interest rates The US Federal Reserve must take into account the effects of post-crisis financial settlement and new channels through which the policy impact on the market, said on Thursday the Fed chairman. 



After the speech, Janet Yellen the dollar against many major currencies has fallen. The euro rose to $ 1.0767 against the US currency. The dollar against the yen fell to a mark of ¥ 122.84. The pound rose to $ 1.5223.

During the conference on the implementation of monetary policy in the post-crisis period, the Fed chairman said that in light of the new instruments designed to help the Fed in raising the federal funds rate, the US central bank must also weigh the disadvantages of its political action.

"Fed officials have to consider new ways of implementation of monetary policy, which may have arisen in the course of the difficult economic and financial relations in the world economy, and were identified as a result of the crisis," - said Ms. Yellen in his speech. "It is important to understand the impact of regulations and possible changes in the implementation of monetary policy", - she added.

At this time, Ms. Yellen, who has repeatedly talked about the possibility of raising interest rates this year, did not comment on this issue either, nor the economic situation in the United States.


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